Tag: natural resources

Russia-OPEC+-UAE-exit

Russia Stays in OPEC+ As UAE Exit Raises Questions About The Future Of Global Oil Coordination (I)

Russia has confirmed that it will remain a member of OPEC+, seeking to project stability after the United Arab Emirates announced its decision to leave the producers’ alliance. The Kremlin’s statement comes at a highly sensitive moment for global energy markets, where geopolitical conflict, supply disruptions, and internal divisions among […]

Hormuz-Strait-oil-shipping-disruption

$50 Billion Lost

Nearly fifty days of conflict linked to the Iran war have produced one of the most severe energy disruptions in modern history, removing more than $50 billion worth of crude oil from global markets and sending shockwaves through economies worldwide. What began as a geopolitical confrontation at the end of […]

UAE-de-dollarization-oil-market

UAE Plans To De-dollarize Oil Market

The measure was seen as a “threat” by the US. The current geopolitical transition process has a profound impact on how countries conduct trade. Global political decentralization – with the emergence of new regional centers of power – has the immediate consequence of giving rise to new trends in economics […]